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I have noticed a couple of times that c-k picks/suggestions don't have impressive PEG ratios.

There are a couple of reasons for this. One is that the PEG is generally a more meaningful valuation tool for smaller cap stocks. The second is that as outlined in the 11 Steps to Cash-King investing quality is much more important to us (say 1000 times to throw out a number) than value.

Phil
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